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Stock Market & Financial Investment News

News Breaks
January 22, 2013
07:56 EDTCMLS, CBSInsiders see CBS potentially shopping radio business, NY Post says
While CBS insists radio is a core business, industry insiders believe CEO Les Moonves is open to a sale of the unit, possibly within the next 12 to 24 months, according to The New York Post. Cumulus Media (CMLS) has already sent out feelers to CBS Radio, according to the report, citing sources. Reference Link
News For CBS;CMLS From The Last 14 Days
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May 28, 2015
07:23 EDTCBSBig four networks aim to own more of their programs, WSJ reports
The percentage of shows that the big four television networks own or have a stake in has risen in recent years as owning shows has become a priority due to lucrative rerun and cross platform rights, said The Wall Street Journal. Walt Disney’s (DIS) ABC will own or have a stake in almost 70% of its coming schedule, compared with 48% in 2010, while Fox (FOXA), CBS (CBS) and Comcast’s (CMCSA) NBC will also own or have stakes in the majority of their lineups' shows, the report noted. Reference Link
May 27, 2015
13:22 EDTCBSCBS CEO says hasn't looked at bidding for soccer rights
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13:18 EDTCBSMoonves says 'nobody surprised' by Charter deal for Time Warner Cable
Moonves said he expects Charter's (CHTR) proposed purchase of Time Warner Cable (TWC) will face less regulatory challenge than the proposed Comcast (CMCSA) deal for TWC did. CBS (CBS) CEO Les Moonves is speaking on CNBC.
13:14 EDTCBSCBS CEO says 'not objecting' to Verizon 'skinny bundle' plans
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13:13 EDTCBSCBS CEO says in early talks with Apple on inclusion in Apple TV offering
CBS (CBS) CEO Les Moonves is speaking on CNBC.
13:12 EDTCBSCBS says network will 'probably' sign up for Apple TV service, TechCrunch says
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